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via finance.yahoo.comMarkets

Dell falls 8.16% as AI server selloff deepens ahead of November 24 earnings

FROM THE WIRE · FINANCE.YAHOO.COM

This article first appeared on GuruFocus. Dell Technologies (NYSE:DELL) shares fell 8.16% to $340.87 as of 10:05 a.m. ET in Friday's regular session on November 13, as the AI server selloff deepened after Jensen Huang's resignation from Nvidia. The shares are down more than 35%…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishDell shares slide sharply as the AI server sector faces pressure ahead of its earnings.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Dell fell 8.16% to $340.87 and is down more than 35% over the past month.
  2. 02In its fiscal second quarter Dell booked $60.9 billion of AI server orders.
  3. 03Fiscal 2027 revenue guidance was raised to $192 billion from $167 billion.
  4. 04The third-quarter call is scheduled for November 24.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Dell Technologies Inc.DELLStock342.51 USD+0.99%today -7.72%Negative NVIDIA CorporationNVDAStock160.83 USD-0.11%today -3.23%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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